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The NBU lowered the official dollar and euro exchange rates for October 15

The NBU lowered the official dollar and euro exchange rates for October 15
Photo: National Bank of Ukraine / NBU, Flickr

For Thursday, October 15, the National Bank set the following official exchange rates:

- US dollar – 44.9801 UAH ( -0.1001 UAH against the official rate for Wednesday, October 14);

- euro – 50.3453 UAH ( -0.0927 UAH against the official rate for Wednesday, October 14).

Rates were set at 15:30 on October 14 and reflect the following trends:

On Wednesday, non-cash dollar quotes on the interbank foreign exchange market went down, and by 12:00 fell below the psychological level of 45 UAH. The average transaction price at 12:00 was 45.0423 UAH – 2 kopecks lower than on Tuesday.

Around 12:00, the National Bank began a massive currency intervention, which resulted in quotes falling to 44.92 UAH on the "bid" side and 44.96 UAH on the "offer" side. By the close of trading, part of the decline was recovered, but the average transaction price fell even further. Therefore, the NBU lowered the official dollar rate for Thursday by 10 kopecks.

The euro on the international FOREX market on Wednesday before noon continued its correction against the dollar, which began yesterday, and rose to 1.12115 dollars. After the release of US inflation data, the euro fell against the dollar to 1.1132 dollars, setting a new annual low.

At the time of fixing, the euro was sold at 1.11928 – only 4.3 points higher than on Tuesday (1.11885 dollars). Therefore, in parallel with the lowering of the official dollar rate, the NBU lowered the official euro rate for Thursday by 9.3 kopecks.